Part of Energy Security and Net Zero – in the House of Commons at on 19 September 2023.
I welcome my hon. Friend’s work as a member of the Commission for Carbon Competitiveness, and she makes an excellent point. The £20 billion will be funded through a variety of sources and will be allocated in due course, and early this year the Government consulted on a range on measures to support decarbonisation, including a carbon border adjustment mechanism. The Government will provide a response to that consultation in due course.